Nationwide Mortgage Brokers
A dedicated broker specialising in new build mortgages, offering free, comprehensive mortgage advice. Available 7 days a week.
Free 15 Min Discovery Call
Expert Advice
Market Leading Packages
Picture yourself walking into a brand-new home, fresh from the builders, ready to be filled with memories. That’s the charm of owning a new build property.
Modern Living: Enjoy the benefits of everything being brand new, with the chance to personalise interior finishes to your taste.
Energy Efficient: New builds are designed with sustainability in mind, featuring eco-friendly appliances and superior insulation for better energy efficiency.
Flexible Financial Options: Take advantage of schemes like the 5% deposit option, also known as the Deposit Unlock Scheme, along with various Help to Buy programmes that could make homeownership more accessible.
Considering a new build? Understanding the process and the unique financing options available, such as equity loans and low deposit schemes, can make all the difference. Speak to our expert new build mortgage brokers to discover how you could secure your dream home.
The Buying Process for a New Build
Buying a new build home is often simpler than you might think.
Start by assessing your finances and seeking advice from a qualified mortgage broker, ideally one with experience in new build mortgages, to determine how much you can borrow.
Once you’ve found your property, make an offer. If accepted, you’ll pay a non-refundable reservation fee to secure your home. From there, your solicitor and mortgage broker will handle the legal process.
You’ll usually exchange contracts several months before moving in, with key dates set for when the developer expects to complete the build and the final deadline for completion.
Financial Assesment
Begin by assessing your finances with a mortgage broker, including determining the LTV (loan-to-value) you may be eligible for on a new construction home.
Property Search
Make sure the property is eligible for any financial aid programs you are considering.
Making a Offer
Once accepted, a non-refundable reservation fee is usually required.
Legal Proceedings
Engage a solicitor and your mortgage broker to begin legal processes.
Now that you’ve entered the exciting phase of homeownership, here are some tips for a smooth transition:
Managing Your Mortgage: Keep in touch with your mortgage broker to review your deal as your needs or market conditions change.
Settling into Your New Home: It’s common to encounter minor snags in a new build. Create a list of issues and share it with your builder to have them resolved.
Connecting with Your Community: Get to know your neighbours and engage with your local community—it’s a great way to make your new house feel like home.
FAQ: New Builds
How does AJL Mortgages work?
At AJL Mortgages, we simplify the home-buying process with expert guidance, ensuring you receive professional support every step of the way.
As an award-winning broker, we offer free mortgage and protection advice tailored to both first-time buyers and seasoned investors. Trust AJL Mortgages for a smooth, stress-free home-buying experience.
We'll review your current circumstances and property goals, evaluating your borrowing capacity to help identify the most suitable mortgage lenders.
An AIP provides an estimate of your borrowing power. With this in hand, you can confidently explore properties within your budget and make informed offers.
After your offer is accepted, we recommend the most suitable lenders and mortgage products. We manage every detail of your mortgage application to ensure a seamless experience.
Book A Free 15 Min Call to Review Your Options
Reviews
We wouldn’t be where we are without our incredible clients. We take pride in building genuine, one-on-one relationships, offering tailored mortgage advice that suits each individual’s needs.
AJL helped me and my partner purchase a new build home in Cardiff. We were delighted with the service and regular communication that we received. We also saved money vs the recommended broker the builder recommended we use.
AJL were fantastic when I bought my new Persimmon home, they showed me the different options I had available and saved me money vs the recommended broker persimmon tried to get me to use. Delighted with the end result!
